You
can take advantage of our AAA Loans even if you have little or no
equity in your home. Many of our plans allow you to borrow up to
110%, 115% or even 125% of your property value and still take advantage
of some of the very best rates available. This gives you considerably
more borrowing power when compared to the typical bank loan where
you cannot typically borrow more than 95% of your property value.
You can see the difference this makes from the example below:
 |
|
|
 |
| |
AAA
Loan
|
Typical
Bank Loan
|
| Assume
your property is worth |
£100,000
|
£100,000
|
| Maximum
borrowing % |
125%
|
95%
|
| Maximum
borrowing limit |
£125,000
|
£95,000
|
| Less
existing mortgage |
£80,000
|
£80,000
|
| Maximum
loan available |
£45,000
|
£15,000
|
| Your
extra borrowing power |
£30,000
|
|
|
|
 |
|
 |
For further details apply on-line straight away. |
